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> UK last month: Grosvenor dies leaving 9bn GBP in land to his son. We have inheritance tax in the UK, the son should have received a bill of several billion wh
by wtbob 10y ago
> UK last month: Grosvenor dies leaving 9bn GBP in land to his son. We have inheritance tax in the UK, the son should have received a bill of several billion which would fund our health service.
The Grosvenor family have spent the centuries since 1622 — when Sir Richard Grosvenor was created a baronet by King James I — slowly building up their family fortune. In 1761 Sir Richard Grosvenor, Bt, was created Baron Grosvenor; in 1784 he became Earl Grosvenor. In Robert Grosvenor, the second earl, was created Marquess of Westminster; in 1874 Hugh Grosvenor, the third marquess, was created Duke of Westminster.
The family has distinguished itself by long and loyal service to the Crown and to the people of England. I fail to see why the new Duke should be forced to see the fortune his ancestors have spent centuries building be diminished so brutally.